A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.

You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.

Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually.

Which only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with.

Which only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with.

But everyonez was telling me that no one would spend a deflationary currency. I iz confused.

A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.

You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.

Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually.

Which only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with.

I haven't found the bitcoin days destroyed to be much an indicator of anything. We've seen tons of spikes, but haven't seen any conclusive evidence in the market that those moves = dumps

A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.

You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.

Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually.

Which only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with.

I haven't found the bitcoin days destroyed to be much an indicator of anything. We've seen tons of spikes, but haven't seen any conclusive evidence in the market that those moves = dumps

A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup.

You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis.

Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually.

Which only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with.

I haven't found the bitcoin days destroyed to be much an indicator of anything. We've seen tons of spikes, but haven't seen any conclusive evidence in the market that those moves = dumps

For all we know they could be moves to paper wallets.

While not a massive sum, I did do that exact thing with some of my coins just this morn.

No, it can't. There will come a day when people will no longer be willing to trade finite and precious BTC in exchange for unlimited and worthless paper. So best take advantage of the current situation while you can!

Don't forget 2012-12-24: "At the height of its popularity, Bitcoin was trumpeted as a viable alternative currency for the internet age, a monetary system engineered to prevent theft, gaming, and criminalization. Then came the malware, the black market, the legal ambiguities and The Man. Today, you can't even use it to buy Facebook stock. "

Don't forget 2012-12-24: "At the height of its popularity, Bitcoin was trumpeted as a viable alternative currency for the internet age, a monetary system engineered to prevent theft, gaming, and criminalization. Then came the malware, the black market, the legal ambiguities and The Man. Today, you can't even use it to buy Facebook stock. "

Don't forget 2012-12-24: "At the height of its popularity, Bitcoin was trumpeted as a viable alternative currency for the internet age, a monetary system engineered to prevent theft, gaming, and criminalization. Then came the malware, the black market, the legal ambiguities and The Man. Today, you can't even use it to buy Facebook stock. "

My god? Have the bears begun to reason?! They're starting to wait until there is SOME depth instead of dumping all their coins with a 10 dollar slide! Next thing you know they'll start to wear human clothes.

My god? Have the bears begun to reason?! They're starting to wait until there is SOME depth instead of dumping all their coins with a 10 dollar slide! Next thing you know they'll start to wear human clothes.